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Assoli18 [71]
3 years ago
7

Merck, the pharmaceutical company, has taken more than a thousand drugs through the federal approval process and so can do it mo

re cost efficiently than many of its competitors who are relatively new to the industry. Which of the following refers to cost savings that come to Merck in the drug approval process?
A. location economiesB. economies of scaleC. ancillary effectsD. learning effectsE. exponential effects
Business
2 answers:
likoan [24]3 years ago
8 0

Answer:

B. economies of scale

Explanation:

Economies of scale refers to the microeconomic property that helps firms reduce costs when they produce output at a large scale, since the total production costs are spread over a larger quantity of units, meaning that the cost per unit decreases.

In this case, Merck is using economies of scale by sending thousands of drugs to the FDA, meaning that the test cost per drug will be lower than if it had sent only a few drugs to the tests.

natulia [17]3 years ago
8 0

Answer:

<u>The correct answer is:</u> D. learning effects.

Explanation:

The alternative that refers to the cost savings that Merck obtains in the drug approval process is: learning effects.

This is a process that corresponds to the relationship it has between education and increased productivity. This means that the more you learn about a product or service, the greater its value.

This process can be applied to experience, that is, it is possible to more effectively analyze differences in productivity or income according to education or experience about certain variables.

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An investment should be undertaken A) if the present value of the expected income stream associated with the investment is great
Alona [7]

Answer:

A) if the present value of the expected income stream associated with the investment is greater than the full cost of the investment project.

Explanation:

It is when the present value of the expected income stream associated with the investment is greater than the full cost of the investment project that the project is profitable. Most investments are undertaken with the aim of making profits.

The net present value can be used to determine if the present value of the expected income stream associated with the investment would be greater than the full cost of the investment project.

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3 years ago
On average, a person with a bachelor's degree earns
Georgia [21]

Answer:

B

Explanation:

the knowledge.. between a Bachelor degree and an associate degree. is leser

5 0
3 years ago
Last year, the House of Orange had sales of $826,650, net operating income of $81,000, and operating assets of $84,000 at the be
seropon [69]

Answer:

The company's turnover rounded to the nearest tenth: C) 9.5

Explanation:

Asset turnover helps investors understand how effectively companies are using their assets to generate sales. Asset turnover is calculated by using following formula:

Asset Turnover =  Total Sales or Revenue/ Average Total Assets  

where:

Average Total Assets = (Beginning Assets + Ending Assets )/2 = (Assets at the beginning of year  +Assets at end of year )/2

In the House of Orange:

Average Total Assets = ($84,000 + $90,000)/2 = $87,000

Asset Turnover = $826,650/$87,000 = 9.5

7 0
3 years ago
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Mama L [17]

Answer:

The answer is use recruitment as a tool for attracting a more diverse and qualified applicant pool.

Explanation:

When it comes to increasing diversity in a company based on race, gender, sexual orientation and other demographic characteristics, the best way for a company to do this would be recruiting external candidates. De-emphasizing KSAO selection processes should be avoided because it would lead to a decrease in workforce quality in terms of their abilities to complete the job that they were hired for. Using subjective prediction methods should not be employed in the first place because it would instead create a possible avenue for a lawsuit.

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